Using the following information, what is the amount of net income? 
Definitions:
Market Failure
A situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.
Nonexcludable
A characteristic of a good or service that prevents individuals who have not paid for it from being easily excluded from its use or benefit.
Nonrival
A characteristic of a good or service where one person's use does not diminish its availability to others.
Marginal Cost
The increase in total production cost that arises from producing one additional unit of a good or service.
Q6: All bank memos reported on the bank
Q49: If the balance in Cash Short and
Q60: The following data were taken from Castle,
Q65: Widely used for tax purposes<br>A)FIFO<br>B)LIFO<br>C)Weighted average
Q77: A voucher is a form on which
Q119: The following balance sheet contains errors. <img
Q142: Beginning inventory, purchases, and sales for an
Q145: For each of the following, explain whether
Q159: Services provided that have not been recorded.<br>A)Prepaid
Q201: Selected data from the ledger of